GRYMMTECH
ActiveSummary
GRYMMTECH has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €103k and a net result of €43k. Equity is growing by ~64.1% per year across the filed fiscal years. Its solvency ranks better than 81% of 482 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+27
Solvency100▲+2
Growth78=
Track record94
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 3.93 against 2.78 in 2024; short-term debt: 17.1% and cash: 29.6% of total assets), and 17.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
about 52% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
82.9%
Return on assets
34.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
31 d late
2024
21 d late
2023
29 d late
2022
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€103k▲ 71.6%
2024 · €60k
2022: €27klowest in 4 years
2023: €34k▲ +27.8% vs 2022
2024: €60k▲ +76.3% vs 2023
2025: €103k▲ +71.6% vs 2024highest in 4 years
2022 → 2025
Total assets
€125k▲ 50.2%
2024 · €83k
2022: €45klowest in 4 years
2023: €51k▲ +12.4% vs 2022
2024: €83k▲ +63.4% vs 2023
2025: €125k▲ +50.2% vs 2024highest in 4 years
2022 → 2025
Net result
€43k▲ 65.4%
2024 · €26k
2022: €22k
2023: €7k▼ -65.8% vs 2022lowest in 4 years
2024: €26k▲ +251% vs 2023
2025: €43k▲ +65.4% vs 2024highest in 4 years
2022 → 2025
Working capital
€63k▲ 54.6%
2024 · €40k
2022: €10k
2023: €9k▼ -11.3% vs 2022lowest in 4 years
2024: €40k▲ +367% vs 2023
2025: €63k▲ +54.6% vs 2024highest in 4 years
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€27k-€34k▲ 27.8%€60k▲ 76.3%€103k▲ 71.6%
2022: €27klowest in 4 years
2023: €34k▲ +27.8% vs 2022
2024: €60k▲ +76.3% vs 2023
2025: €103k▲ +71.6% vs 2024highest in 4 years
Operating result€22k-€-6k€61k€44k▼ 28.5%
2022: €22k
2023: €-6k▼ -129% vs 2022lowest in 4 years
2024: €61k▲ +1048% vs 2023highest in 4 years
2025: €44k▼ -28.5% vs 2024
Net result€22k-€7k▼ 65.8%€26k▲ 251%€43k▲ 65.4%
2022: €22k
2023: €7k▼ -65.8% vs 2022lowest in 4 years
2024: €26k▲ +251% vs 2023
2025: €43k▲ +65.4% vs 2024highest in 4 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 28% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €125k
Fixed assets
€41k ▲ 106%
Current assets
€84k ▲ 32.7%
Equity and liabilities €125k
Equity
€103k ▲ 71.6%
Debt
€21k ▼ 6.2%
Debt's share of the balance-sheet total falls from 27.5% to 17.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€53k▼
2024 · €67k
Cash flow
€53k▲
2024 · €32k
Current ratio
3.93▲
2024 · 2.78
Debt to equity
0.21▼
2024 · 0.38
ROE
41.7%▼
2024 · 43.3%
ROA
34.6%▲
2024 · 31.4%
Interest coverage
40.39▲
2024 · 2.79
Debt ≤ 1 year
€21k▼
2024 · €23k
Income taxes
€13k▲
2024 · €11k
Staff costs
€6k▲
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet
Code20242025
Assets
Total assets20/58€83k€125k▲
Fixed assets21/28€20k€41k▲
Tangible fixed assets22/27€20k€41k▲
Land and buildings22€2k€18k▲
Plant, machinery and equipment23€5k€2k▼
Furniture and vehicles24€8k€16k▲
Assets under construction and advance payments27€5k€5k=
Current assets29/58€63k€84k▲
Amounts receivable within one year40/41€37k€47k▲
Trade receivables40€20k€15k▼
Other amounts receivable41€17k€32k▲
Cash at bank and in hand54/58€26k€37k▲
Equity and liabilities
Total equity and liabilities10/49€83k€125k▲
Equity10/15€60k€103k▲
Contributions10/11€5k€5k=
Reserves13€55k€98k▲
Distributable reserves133€55k€98k▲
Amounts payable17/49€23k€21k▼
Amounts payable within one year42/48€23k€21k▼
Trade debts44€11k€8k▼
Suppliers440/4€11k€8k▼
Taxes, remuneration and social security45€10k€13k▲
Taxes450/3€10k€13k▲
Other amounts payable47/48€2k-
Income statement
Code20242025
Remuneration, social security and pensions62€3k€6k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€10k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€70k€60k▼
Operating profit (loss)9901€61k€44k▼
Financial income75/76B€226€14k▲
Recurring financial income75€226€14k▲
Financial charges65/66B€24k€1k▼
Recurring financial charges65€24k€1k▼
Profit (loss) for the period before taxes9903€37k€56k▲
Income taxes67/77€11k€13k▲
Profit (loss) for the period9904€26k€43k▲
Profit (loss) for the period to be appropriated9905€26k€43k▲
Appropriation of the result
Profit (loss) to be appropriated9906€26k€43k▲
Transfer to equity691/2€26k€43k▲
To other reserves6921€26k€43k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €3k | €5k | €3k | €6k | ▲ 122% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €4k | €6k | €10k | ▲ 68.1% |
| Other operating charges640/8 | €220 | €3k | €1k | €1k | ▲ 2.0% |
| Gross operating margin9900 | €27k | €6k | €70k | €60k | ▼ 14.7% |
| Operating profit (loss)9901 | €22k | €-6k | €61k | €44k | ▼ 28.5% |
| Financial income75/76B | €7k | €41k | €226 | €14k | ▲ 6,096% |
| Recurring financial income75 | €7k | €41k | €226 | €14k | ▲ 6,096% |
| Financial charges65/66B | €109 | €22k | €24k | €1k | ▼ 94.5% |
| Recurring financial charges65 | €109 | €22k | €24k | €1k | ▼ 94.5% |
| Profit (loss) for the period before taxes9903 | €29k | €13k | €37k | €56k | ▲ 50.9% |
| Income taxes67/77 | €7k | €6k | €11k | €13k | ▲ 17.3% |
| Profit (loss) for the period9904 | €22k | €7k | €26k | €43k | ▲ 65.4% |
| Profit (loss) for the period to be appropriated9905 | €22k | €7k | €26k | €43k | ▲ 65.4% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €45k | €51k | €83k | €125k | ▲ 50.2% |
| Fixed assets21/28 | €17k | €25k | €20k | €41k | ▲ 106% |
| Tangible fixed assets22/27 | €17k | €25k | €20k | €41k | ▲ 106% |
| Land and buildings22 | €4k | €3k | €2k | €18k | ▲ 718% |
| Plant, machinery and equipment23 | €3k | €7k | €5k | €2k | ▼ 47.9% |
| Furniture and vehicles24 | €8k | €11k | €8k | €16k | ▲ 93.4% |
| Assets under construction and advance payments27 | €3k | €5k | €5k | €5k | = |
| Current assets29/58 | €28k | €25k | €63k | €84k | ▲ 32.7% |
| Amounts receivable within one year40/41 | €15k | €22k | €37k | €47k | ▲ 26.7% |
| Trade receivables40 | €13k | €19k | €20k | €15k | ▼ 27.8% |
| Other amounts receivable41 | €2k | €3k | €17k | €32k | ▲ 91.4% |
| Cash at bank and in hand54/58 | €13k | €3k | €26k | €37k | ▲ 41.3% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €45k | €51k | €83k | €125k | ▲ 50.2% |
| Equity10/15 | €27k | €34k | €60k | €103k | ▲ 71.6% |
| Contributions10/11 | €5k | €5k | €5k | €5k | = |
| Reserves13 | €22k | €29k | €55k | €98k | ▲ 78.1% |
| Distributable reserves133 | €22k | €29k | €55k | €98k | ▲ 78.1% |
| Amounts payable17/49 | €18k | €17k | €23k | €21k | ▼ 6.2% |
| Amounts payable within one year42/48 | €18k | €17k | €23k | €21k | ▼ 6.2% |
| Trade debts44 | €837 | €8k | €11k | €8k | ▼ 25.0% |
| Suppliers440/4 | €837 | €8k | €11k | €8k | ▼ 25.0% |
| Taxes, remuneration and social security45 | €9k | €8k | €10k | €13k | ▲ 33.1% |
| Taxes450/3 | €9k | €8k | €10k | €13k | ▲ 33.1% |
| Other amounts payable47/48 | €8k | €581 | €2k | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22k | €7k | €26k | €43k | ▲ 65.4% |
| + Depreciation and write-downs630 | €1k | €4k | €6k | €10k | ▲ 68.1% |
| Operating cash flow (approximation) | €23k | €11k | €32k | €53k | ▲ 65.9% |
| Investment in fixed assets (approximation) | - | €-12k | €0 | €-31k | - |
| Change in cash | - | €-10k | €23k | €11k | ▼ 53.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Highest result since 2022net €43k ▲65.4%
Net result €43k, the highest in the series.
31-12
Financial
Equity above €100kEq €103k ▲71.6%
4 profitable years in a row build equity to €103k.
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 21 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
31-12
Financial
Weakest financial yearnet €7k ▼65.8%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Mol · 1 establishment unit since 2021
Ground area
749 m²
Building footprint
113 m²
Volume, LiDAR
748 m³
Parcel 13434F0037/00C002, Flanders · tallest building 12.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GRYMMTECH
since 20212.321.999.757
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13434F0037/00C002 | Flanders | 749 m² | 1 · 113 m² | 12.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 3,152 companies in sector 63920 we hold annual accounts for 1,525. 1,254 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded09-09-2021
Fiscal year end31-12
Activities, NACEBEL 2025
63920Other information service activities
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.